Working Papers

Update and elaboration of the 1988 Journal of Business Venturing article "Creating the Technopolis: High-Technology Development in Austin, Texas" which emphasized the role of key influencers, institutions and networks that made possible Austin’s extraordinary technology-based growth. Elaborates the "Technopolis Wheel" framework to better reflect challenges and opportunities as well as review lessons learned during the […]Read More

Address by Yuji Takagi, General Manager of Mitsui & Co. (USA) Inc., on the future of the Internet industry in the context of Japanese business and consumer culture.Read More

Address by Yuji Takagi, General Manager of Mitsui & Co. (USA) Inc., on the future of the Internet industry in the context of Japanese business and consumer culture.Read More

Presentation to the Japan Industry and Management of Technology Program (JIMT) on electronic commerce in Japan, how it is different from e-commerce in the US, and the challenges that foreign companies face entering the e-commerce market in Japan.Read More

Presentation on post-Cold War security issues and international relations in Japan. Delivered to the Japan Industry and Management of Technology Program (JIMT) at The University of Texas at Austin on August 11, 1999.Read More

Explores Japan’s economic predicament and prospects for eventual recovery. Describes the origins of Japan’s economic issues and draws contrasts between Japan and America/Europe in terms of human resources, finance and politics. Offers three schools of thought on what will happen to Japan’s economic predicament in the coming years. Provides five factors justifying optimism: increases in […]Read More

Discusses the tactical decisions firms make in the process of establishing management systems in overseas subsidiaries and their strategic effects on the function of the management system as it relates to organizational learning. Introduces a typology of organizational learning models by analyzing 114 Japanese subsidiaries. Uses the typology to discuss the differences across Japanese multinational […]Read More

As part of the Japan Industry and Management of Technology (JIMT) Speaker Series, discusses the importance of entrepreneurship and new technologies in securing Japan’s full economic recovery from the current economic slump. Describes the history of Japanese entrepreneurship, which experienced a golden age after WWII, and how the rise of large corporations led to less […]Read More

Introduces the economic conditions and high-tech research and development scenarios in post-crisis Asia. Explores challenges and opportunities for American high tech industries. Discusses issues related to doing business with the Japanese and Chinese, including understanding management and the need for better cross-cultural training.Read More

Argues that the principal contributor to changes in Japan’s political economy is the decline of Japanese governmental control over capital flows and foreign exchange rates brought about by structural “gaiatsu”, or direct foreign pressure. Differs from previous analysis of gaiatsu by arguing that international capital and market forces generate gaiatsu, not foreign governments, and that […]Read More

Argues that Japan has the potential to be recognized as a post-Cold War superpower, but has not been able to do so because of a lack of military/nuclear power and its alignment with the U.S. Discusses two security options, developing an offensive-oriented military and creating a new security paradigm based on United Nations–centered security and […]Read More

Remarks on the trend toward corporatism in the U.S. and outlines the latest developments, namely the MAI treaty, and examines how what we know about Japanese business and society does and does not signal what we can expect from increased corporatism in the U.S. Speculates on the effect of the new corporatism of the OECD […]Read More

Argues that there is no micro foundation for microeconomic fluctuations, or business cycles, based on the law of large numbers in probability theory and statistical mechanics. Discusses the Lucas model of rational expectations as inconsistent with the efficient market hypotheses because arbitrage activities in financial markets can eliminate the intertemporal substitution effect to the macro […]Read More

Discusses three important questions and issues regarding Japan’s role in global environmental affairs: how the environmental movement has evolved in Japan; what the country’s major environmental policy challenges are on the local-national, regional and global level; and, how Japanese companies are responding to the sustainability challenge. Describes unresolved sustainability questions facing Japan and how the […]Read More

Discusses, as an interim report by an academic involved in the emergency policy package to stabilize the Japanese financial system, the objective of the capital injection to 21 banks in March 1998, the merger package and ultimate failure of the Long-term Credit Bank in September 1998 and current policy efforts to reform banks to meet […]Read More

Describes research showing how American brands come to dominate similar market segments in developed and emerging countries. Discusses recent evidence suggesting that product standardization and promotion adaptation, rather than standardization across marketing functions, earn profits worldwide and create value added within nations. Also, discusses new evidence from financial services suggesting that product standardization and price […]Read More

Discusses Zero Time, or manipulating time as an independent variable, as critical to any enterprise’s success in the 21st Century. Discusses five disciplines of a Zero Time organization (customer value driven, knowledgization, holonic management, zero resistance and inclusion) and how the disciplines result in instant customerization, meaning the needs of the customer are met as […]Read More

Describes the current state of Japan with an eye on the signs that show where the country is going, and how it may affect foreign businesses. Examines one established industry, aerospace, and one new industry, environmental, and identifies opportunities for American companies.Read More

Argues for changes in the traditional way of viewing economic growth and questions the role that contemporary institutions, specifically universities, play in this process. Shows, empirically, the increasing importance that knowledge is assuming in economic activity in developed countries. Outlines a new conceptual approach to economic growth, in which the accumulation of knowledge acts as […]Read More

Discusses U.S.-Japanese competitiveness and how it might affect policy and the high-technology industry. Describes Japanese knowledge and spatial networks with a focus on their contribution to innovations. Discusses previous studies on the high-tech industry, highlighting the strengths and weaknesses of different criteria used to classify firms as high-tech firms. Discusses an analysis of employment trends […]Read More

In the plenary address to the INFORMS Dallas Fall 2007 conference for Operations Research and Management Sciences (OR/MS), discusses the synergy between OR/MS and digital technology. Describes historically and prospectively the synergy between OR/MS and new disciplines as well as other emerging societies, synergy between OR/MS and the technology chain and the issues and initiatives […]Read More

In a presentation at the Fall 1997 CBA Advisory Dinner, discusses three mega business trends: (1) the transformation of high technology business from U.S. dominance to a global commodity-based industry, (2) the need for transfer of leadership from the public sector to the business sector, and (3) the emergence of the need for digital/knowledge management […]Read More

In a presentation to the Southern Growth Policy Board’s 1997 Conference on the Future of the South, argues that partnership, including Public Private Partnerships, for the 21st century needs to be about winning combinations. Describes the change in resources that generate, prosperity, jobs and meaningful futures from natural endowments and geographic location to advanced technologies […]Read More

Discusses Japan’s Intelligent Manufacturing Systems (IMS) initiative, an international research program in manufacturing technology with the goal of developing a next-generation production system to maximize efficiency by integrating the entire range of business activity from order-booking through design, manufacture and distribution. Examines the role of techno-nationalism, foreign pressure, and scientific and technical factors in motivating […]Read More

Discusses the significance of the Japanese government’s role in the development of fax technology as a good model of how governments can influence the agents shaping technology. Describes how the Japanese government’s push on domestic fax manufacturers and telephone companies in the 1970s to create a common standard lead to the fax boom of the […]Read More

Discusses the opportunity for change in Japan towards a more gender-equitable system. Describes the role of women in Japan’s industrialization and development of its peculiar management system. Discusses the legal, corporate and external framework for workforce equality. Explains the role of the 1997 U.N. conference on women in Beijing in helping to spur on the […]Read More

Discusses management and technical staff’s extensive use of visual images in the control system of Japanese factories to structure information so that everyone may understand the plan, execute it, identify errors and solve any problems related to performance gaps. Describes the control system, the plan-do-see (PDS) cycle, and the crucial role visual communications play in […]Read More

Discusses generational road maps and commercialization of science and technology. Describes the current lack of clear-cut generally acceptable road maps, formal or informal, and the changes facing all five basic dimensions of society – economic, political, social, cultural and scientific/technological. Argues for the development of stronger linkages between academia, business and government as well as […]Read More

In a commencement address to the Graduate School of Biomedical Sciences at The University of Texas Health Science Center at San Antonio, describes the current lack of clear-cut generally acceptable road maps, formal or informal, for dealing with societal challenges and opportunities. Argues that audience members should, at an appropriate time, prepare themselves to accept […]Read More

Discusses a new trend among Japan’s giant electronics and telecommunications companies and ministries: a concerted effort to develop a multimedia society like the one growing in the U.S. Describes efforts by Japanese computer and electronics conglomerates to promote multimedia by creating multimedia divisions, acquiring new media technology through joint ventures, and shifting from hardware to […]Read More

Report on the Fifth Generation Computer Systems (FGCS) project undertaken by the Japanese Ministry of International Trade and Industry (MITI) in the period 1982-1992. The Fifth Generation Computer was developed using a framework of parallel processing and inference processing based on logic programming. The project received an investment of ¥54.15 billion ($416.54 million) and employed […]Read More

Discusses the nature of committed and determined costs in a new product development project, and quantifies their relationship to project uncertainty. Introduces the concept of product, process, schedule and market (PPSM) intelligence and emphasizes its use for jointly considering marketing and production factors in project evaluation. Uses a discriminate function-based measure of information gain to […]Read More

Working paper developed from a lecture presented in Seoul about the role of Korea in the New World Order. Summarizes the historical background of the concept of a New World Order and its evolution after the Gulf War of 1990-91. Describes the fundamental issue behind the New World Order as whether the global diffusion of […]Read More

Data envelopment analysis (DEA) is extended to the case of stochastic inputs and outputs through the use of chance-constrained programming. The chance-constrained envelope envelops a given set of observations "most of the time." We show that the chance-constrained enveloping process leads to the definition of a conventional (certainty-equivalent) efficiency ratio (a ratio between weighted outputs […]Read More

Explores the interplay of geopolitical, economic, geological and operational factors that may disrupt the gradual upwards shift of the supply price of non-replenishable resources, specifically oil and natural gas. Describes the econometric identification of the supply price curve for oil and gas in the U.S. using two alternative independent variables: total footage drilled and number […]Read More

A response to the book "The Rise and Fall of the Great Powers" by Paul Kennedy (1987).Read More

Examination of the factors contributing to the development of the Austin/San Antonio corridor as a high-technology center in the years 1945-1986. The paper uses a conceptual framework called the Technopolis Wheel, which identifies seven segments as fundamental in regional high-tech growth: university, large and small technology companies, state-local-and federal government, and support groups (e.g. chambers […]Read More

The effects of the past quarter century of deregulation on the transportation industry in the United States are many and varied. Impacts have been felt at the level of the industry as a whole, at the level of mode-based industry sub-groups, and at the level of individual firms. Analyses and depictions of these impacts have […]Read More

The authors call for the state of Texas to meet 25% of its need for new job creation through technology venturing, which they estimate to be 42,500 jobs per year or 820,000 new jobs over twenty years. In order to achieve this goal, they propose a number of measures: the expansion of Federal defense R&D […]Read More

Forecast of the impact of new information technologies on management in the period 1971-1990. Summarizes and extends three studies commissioned by the Conference Board in 1970.Read More